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Sigma Lithium (SGML) - Free Cash Flow of $595M a Year

12 Jun 2022

Description

Sigma Lithium Corporation is a Canada-based mineral processing and development company. The Company, through its subsidiary, Sigma Mineracao S.A. (Sigma Brazil) holds a 100% interest in four mineral properties: Grota do Cirilo, Sao Jose, Santa Clara and Genipapo, located in the municipalities of Aracuai and Itinga, in the Vale do Jequitinhonha region in the state of Minas Gerais, Brazil (Lithium Properties). Its Project consists of 27 mineral rights (which include mining concessions, applications for mining concessions, exploration authorizations and applications for mineral exploration authorizations) spread over 191 square kilometers. Within the Project area there are nine past producing lithium mines and 11 first-priority development targets. The Project is located in the northeastern part of the state of Minas Gerais, in the municipalities of Aracuai and Itinga, approximately 25 kilometers (km) east of the town of Aracuai and 600 km northeast of Belo Horizonte, the state capital.

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